Skip to Content

Archived discussions are read-only. Learn more about SAP Q&A

service tax treatment

Hi Gurus

while raising bill to customers we enter tax code 4 service tax n it gets calculated automatically on the whole amt. Now when we receive partial payment how will service tax be calculated proportionately on the amt recd?

Same query in case of payment to be made to vendors.

e.g

Customer Dr 112

To Revenue 100

To Service tax interim a/c 12

Bank Dr 50

service tax interim a/c Dr 6

To customer 56

How will the system calculate it automatically and proportionately?

Not what you were looking for? View more on this topic or Ask a question